Toshiba Shares Down After Reuters Reports It Favors Bain Group For Chip Sale

www.oann.com | 7/31/2012 | Staff
TitanSwimr (Posted by) Level 3
TOKYO (Reuters) – Shares of Toshiba Corp fell more than 1 percent in early Wednesday trading after Reuters reported it now favors a group led by Bain Capital LP and SK Hynix Inc to buy its prized semiconductor business.

In the latest twist in the $18 billion sale process, Toshiba now hopes to reach agreement with the Bain group by next...
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